Connect with us

Precious Metals

Scottie Resources reports new drill results at Scottie Gold Mine Project, British Columbia

  VANCOUVER – Scottie Resources Corp. [SCOT-TSXV; SCTSF-OTCQB; SR8-FSE] reported new assays on its C and D zone targets, which occur as mineralized…

Share this article:

Published

on

This article was originally published by Canadian Investor

 

VANCOUVER – Scottie Resources Corp. [SCOT-TSXV; SCTSF-OTCQB; SR8-FSE] reported new assays on its C and D zone targets, which occur as mineralized cross-structures adjacent to the Blueberry Contact Zone.

The C and D Zones are part of the Scottie Gold Mine Project which also includes the historic Scottie Gold Mine and the rapidly advancing Blueberry Contact Zone. The Scottie Gold Mine Project is 100%-owned and royalty free and is located 35 km north of the town of Stewart, British Columbia, along the Granduc Road in the Golden Triangle region.

Drilling of the targets generated high-grade intercepts of up to 60.7 g/t gold over 2 metres.

President and CEO, Brad Rourke: “Part of our 2022 exploration program was devoted to testing the extent of known mineralized cross-structures associated with the Blueberry Contact Zone. These results confirm the successful targeting of the high-grade C and D zone structures more than 200 metres along strike from the Blueberry Contact. The grades and proximity exemplify the exploration potential outside of the main contact zone along cross-cutting mineralized structures. These structures will be incorporated in our 3D model and be a key focus during our 2023 drill program.

Selected assays include drill hole SR22-160 that returned 14 metres of 0.70 g/t gold and 6.65 G/T silver as well as 1.50 metres of 5.04 g/t gold and 2.00 g/t silver. SR22-182 returned 6.85 metres of 6.82 g/t gold and 29.4 g/t silver., including 1.50 metres of 17.4 g/t gold and 34.3 g/t silver.

SR22-183 returned 4.0 metres of 3.16 g/t gold and 24.7 g/t silver. SR22-187 returned 1.00 metre of 4.42 g/t gold and 300 g/t silver as well as 2.45 metres of 2.87 g/t gold and 1.18 g/t silver. SR22-188 returned 4.00 metres of 31.8 g/t gold and 84.0 g/t silver, including 2.00 metres of 60.7 g/t gold and 29.5 g/t silver.

The C and D zones are located approximately halfway between the Blueberry Vein and the past-producing Scottie Gold Mine.

The Blueberry Zone is located just 2 km northeast of the 100%-owned, past-producing Scottie Gold Mine. Historic trenching and channel sampling of the Blueberry Vein include results of 103.94 g/t gold over 1.43 metres, and 203.75 g/t gold over 1.90 metres.

The Scottie Gold Mine, which operated between 1981 to 1985, produced 95,426 gold ounces from 183,147 tonnes at an average recovered grade of 16.2 g/t gold. The mine ultimately shut down due to a drop in gold price combined with high-interest rates.

Scottie owns a 100% interest in the Scottie Gold Mine Property which includes the Blueberry Zone and the high-grade, past-producing Scottie Gold Mine. Scottie also owns 100% interest in the Georgia Project which contains the high-grade past-producing Georgia River Mine, as well as the Cambria Project properties and the Sulu property. Altogether Scottie Resources holds more than 59,000 hectares of mineral claims in the Stewart Mining Camp in the Golden Triangle.


otcqb


tsxv-scot
scottie-resources-corp
scottie resources corp

Share this article:

Economics

Bonds Die, CPI’s Lie, & Gold Flies

Bonds Die, CPI’s Lie, & Gold Flies

Authored by Matthew Piepenburg via GoldSwitzerland.com,

Below we look at Gold’s rise in a backdrop…

Share this article:

Continue Reading
Economics

3 Things Most People Don’t Know About Gold, Bitcoin, And Money

3 Things Most People Don’t Know About Gold, Bitcoin, And Money

Authored by Nick Giambruno via InternationalMan.com,

Bitcoin has been likened…

Share this article:

Continue Reading
Economics

Dow Jones Outlook: Understanding the Dangers & Rewards of Crisis Investing

The monthly chart of the Dow highlights the Path it and general markets follow could be similar to the 73-74 and 08-09 eras. More attention is being given…

Share this article:

Continue Reading

Trending